What happened when Huayi Brothers overlord clause angered small and medium-sized cinemas?

Huayi Brothers requires small and medium-sized cinemas to pay the film source first, which is unacceptable to many small and medium-sized cinemas.

According to Huayi Brothers' distribution plan, cinemas with box office below 2 million yuan need to pay the money to the issuer's designated account on August 19, 2009 according to the approved guaranteed amount of 3.5% of the actual box office in the previous year, instead of going to the cinema.

Huayi Brothers Media Co., Ltd. is a well-known comprehensive private entertainment group in Chinese mainland. It was founded by Wang He and his brothers in 1994. 1998 invested in the film Endless directed by famous director Xiaogang Feng and The Devil Comes directed by Jiang Wen, and officially entered the film industry.

On 20 15, Huayi Chuangxing, a subsidiary of Huayi Brothers, was approved to be listed on the New Third Board. Huayi Chuangxing is committed to building an "entertainment+"ecosystem with fan users as the core and content IP as the basis, providing fans with content products and related services connected to multi-screen terminals, as well as online and offline all-round economic and entertainment services.